“The Last Dance” paid off once again.
Sotheby’s has sold Michael Jordan’s 1998 NBA Finals “The Last Dance” jersey for $10.1 million. This set a record for most valuable basketball jersey, game-worn sports memorabilia, and Michael Jordan item ever sold at auction.
The lot sold for more than double its initial auction estimate of $3 million to $5 million.
The previous record-holder for highest-selling game-worn sports memorabilia was Diego Maradona’s football jersey, which Sotheby’s sold for $9.28 million.
“In the weeks since we announced the auction, there’s been palpable excitement from not only sports fans. But collectors alike who are eager to own a rarefied piece of history,” Sotheby’s head of streetwear and modern collectibles Brahm Wachter said.
Jordan led the Chicago Bulls to victory in the 1998 NBA Finals Game 1 during his “The Last Dance” season.
In the 45 minutes that he played, Jordan scored 33 points in the red game-worn jersey before securing their win. This led to his 6th NBA Championship and 6th Finals MVP award.
“Yet again, today’s record-breaking result…solidifies Michael Jordan as the undisputed G.O.A.T. Proving his name and incomparable legacy is just as relevant as it was nearly 25 years ago,” Wachter said.
Banner Photo by Sotheby’s via Twitter.